When I lived in California back in 2017, I decided to build a cryptocurrency mining rig, a computer that solves complex math problems to find new pieces of a cryptocurrency. I wanted to know what the process was like so that I could better understand the emerging crypto universe. Ultimately, I ended up with four [Read More] …
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Use This Asset to Protect Yourself (and Profit) From the Coming Crisis
Sometime in 1911, maybe it was 1913—history seems unclear on this—coal miners began carrying caged canaries with them into the mine. When the little canary keeled over, carbon monoxide gases were at unsafe levels and it was time for the miners to scram. And, thus, we have the “canary in the coal mine” cliché—a big [Read More] …
Bitcoin City: Is This America’s New Crypto Capital?
Welcome to your Weekly Digest! First up…we’re headed to Miami. Since the beginning of this year, the trendy, “fun-in-the-sun” hotspot has been making big waves in the cryptocurrency world. The city’s mayor, Francis Suarez, is a major crypto advocate and has dreams of refashioning Miami as a blockchain technology hub. Basically, he’s hoping to attract enough crypto firms to marry the technological innovation of Silicon Valley with the financial muscle of Manhattan. [Read More] …
My Side-Income Mission for My Upcoming Russia Trip
I’m heading to Russia next week. To Ekaterinburg, east of the Ural Mountains. It’s where the Bolsheviks executed the last Tsar, Nicolas II, and his family amid the Russian Revolution a century ago. Given my fascination with Russian history—and given that, coincidentally, I am married to a Russian history professor—I am quite eager to see this place. And to take pictures. [Read More] …
The Digital Dollar Is Coming—Here’s How It Will Change Our Lives
Today, we begin with two of the more important quotes of 2021 so far. To wit: “I gather that people at the Federal Reserve Bank of Boston are working with researchers at MIT to study the properties of it. We do have a problem with financial inclusion. Too many Americans really don’t have access to [Read More] …